Trimble Inc. (NASDAQ:TRMB), a company specializing in measuring and controlling devices, announced today that it plans to adjourn and subsequently reconvene its 2024 Annual Meeting due to delays in filing its amended annual report. The original report was filed with the Securities and Exchange Commission (SEC) on February 26, 2024.
The company has been undergoing a thorough assessment by Ernst & Young LLP (EY), which is expected to be completed within the next month. Trimble management has indicated that no errors necessitating a restatement of consolidated financial statements have been identified so far, and EY has not withdrawn its audit report included in the original Form 10-K.
Due to the pending completion of the audit procedures, Trimble intends to adjourn the annual meeting that was scheduled for August 14, 2024, and will reconvene it on September 30, 2024, at 10:00 a.m. Mountain Time, via remote communication. The company expects to have filed its amended Form 10-K with the SEC by this date.
Stockholders of record as of April 1, 2024, are eligible to vote at the reconvened 2024 Annual Meeting. Proxies already submitted will be valid for the new meeting date unless revoked. Stockholders who have voted do not need to take further action if they do not wish to change their vote. Those who want to change their vote can do so online or by phone until 11:59 p.m. Eastern Time on September 29, 2024, or virtually during the meeting.
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